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Time:2026-06-16T16:44:14Z

SpaceX acquires AI coding startup Cursor for $60 billion in stock just days after its IPO. Microsoft launches pricey new Surface Pro and Surface Laptop with Snapdragon X2 chips. Commodore unveils a retro flip phone that blocks social media and browsers. The UK announces a ban on social media for children under 16. China's AI capabilities outpace global rivals but face a trust deficit, as Alibaba enters embodied intelligence with robot AI models.

SpaceX acquires AI coding startup Cursor for $60 billion

SpaceX acquires AI coding startup Cursor for $60 billionSpaceX has announced a blockbuster $60 billion stock acquisition of Cursor, an AI coding startup that recently went public. The deal positions SpaceX to compete directly with Anthropic and OpenAI in the AI development space. The acquisition comes just days after Cursor's record-breaking IPO, marking one of the largest tech acquisitions in history. This move signals SpaceX's expansion beyond aerospace into the rapidly growing AI tools market.

Microsoft unveils Surface Pro and Laptop with higher prices

Microsoft unveils Surface Pro and Laptop with higher pricesMicrosoft has launched its new Surface Pro and Surface Laptop models, featuring Qualcomm Snapdragon X2 chips and a new jade green color option. The new devices come with significant price hikes of $500 to $600 over their predecessors, with the Surface Laptop 8 starting at $1,599. Despite the higher cost, the laptops promise up to 20 hours of battery life and improved GPU performance. The new lineup marks Microsoft's continued push into ARM-based computing with Snapdragon processors.

Commodore launches retro flip phone with no social media

Commodore launches retro flip phone with no social mediaCommodore has unveiled a new flip phone designed to minimize digital distractions by blocking social media and web browsers. The device runs on Linux and supports Android apps, but intentionally omits social media access and browsing capabilities. With its retro aesthetic and focus on digital wellness, the phone targets users seeking a simpler mobile experience. The move comes amid growing concerns about smartphone addiction and screen time among consumers.

UK to ban social media for children under 16

UK to ban social media for children under 16The United Kingdom has announced plans to ban social media access for children under 16, potentially including overnight curfews. The bold policy aims to address growing concerns about the impact of social media on young people's mental health. Critics question whether the ban can be effectively enforced and whether it addresses root causes. The move represents one of the most aggressive government interventions in social media access to date.

China's AI advances globally but trust remains a challenge

China's AI advances globally but trust remains a challengeA survey by a London-based consultancy reveals that while China's AI capabilities are outpacing global rivals, trust in Chinese AI technology remains low. Alibaba has unveiled its first suite of AI models for robots, pushing AI beyond chatbots into embodied intelligence. Industry experts note that China is leading in world models and physical-world AI simulation. The findings highlight the gap between technological capability and public confidence in AI development.